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Canadian National Railway, Keyera, AltaGas to Develop Alberta Export Terminal Project

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Canadian National Railway (CNI), Keyera and AltaGas said Wednesday they plan to develop the Alberta Corridor Export Rail Terminal Project, an energy infrastructure investment meant to improve Canada's energy supply chain.

The project involves an initial investment by Keyera of approximately $240 million, the companies said.

The partnership combines Keyera's Alberta Corridor Export rail terminal with Canadian National Railway's rail network and AltaGas' West Coast energy export platform, the companies said.

Keyera will own and build the terminal on its land in Alberta backed by long-term commercial arrangements with AltaGas and Canadian National Railway, the companies said.

The terminal, expected to be operational in mid 2028, is expected to provide transportation capacity of around 45,000 barrels per day of propane and butane from the Fort Saskatchewan region to west coast export facilities, the companies said.

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